Linda K Mayer- Southern California A REALTOR YOU CAN TRUST!

Claremont Real Estate Market Watch - February 8-14, 2012

Market Watch

New Listing (16)
Price Change (11)
Back On Market (6)
Backup Offer (3)
Expired (2)
Pending (4)
Sold (1)

Okay, so here are Claremont Real Estate Market statistics for this week - and they seem interesting!

This week there are sixteen new listings,which indicates that confidence is coming back. Only one sold this week in Claremont, and that's not really a great sign. Four went into escrow which means that in approximately 30-60 days we should have four more that sold. Again, not a great number for the Claremont Real Estate Market.

Six homes were placed back on the market and three have moved into back up status. Usually the homes that go back on the market are homes where the buyer has either had to wait too long and backed out of the deal, or can't get the loan they need to complete the purchase. The banks have been working on the timing part, but the new procedures are not helping a lot yet.

The fact that there is only one house that sold and four that have gone into escrow makes the number of price changes in Claremont huge! Eleven! Wow, I think it's a skill that many agents need to work on and at this point we can't blame all of those changes on the banks as they are starting to be more reasonable.

I try to stay on top of the communities I serve and be a local expert for all of them. So if you are interested in buying or selling a home, or if you simply have real estate questions, please feel free to contact me. I will be more than happy to assist you!

**All information is taken from the IMRMLS.

La Verne Real Estate Market Watch - February 8-14, 2012

Market Watch

New Listing (8)
Price Change (11)
Back On Market (2)
Backup Offer (4)
Expired (2)
Pending (3)
Sold (1)

Okay, so here are La Verne Real Estate Market statistics for this week - and they seem interesting!

This week there are eight new listings, not a lot, but still an okay number. Only one sold this week in La Verne, and that's not really a good sign for the city. Three went into escrow which means that in approximately 30-60 days we should have three more that sold. Again, not a great number for the La Verne Real Estate Market.

Two homes were placed back on the market and four have moved into back up status. Usually the homes that go back on the market are homes where the buyer has either had to wait too long and backed out of the deal, or can't get the loan they need to complete the purchase. The banks have been working on the timing part, but the new procedures are not helping a lot yet.

The fact that there is only one house that sold and three that have gone into escrow makes the number of price changes in La Verne huge! Eleven! Wow, I think it's a skill that many agents need to work on and at this point we can't blame all of those changes on the banks as they are starting to be more reasonable.

I try to stay on top of the communities I serve and be a local expert for all of them. So if you are interested in buying or selling a home, or if you simply have real estate questions, please feel free to contact me. I will be more than happy to assist you!

**All information is taken from the IMRMLS.

San Dimas Real Estate Market Watch - February 7-13, 2012

Market Watch

New Listing (14)
Price Change (8)
Back On Market (2)
Backup Offer (6)
Expired (2)
Pending (9)
Sold (3)

Okay, so here is this week's San Dimas Real Estate Market Watch - and we're off and running!

This week there are 14 new listings which is a good sign that people are getting more and more confident in the real estate market. Three sold and nine went into escrow. That's three homes that have new owners and nine that will hopefully in a few weeks. So home sales are happening in San Dimas.

There are two that went back on the market and six that have gone into backup status. Usually the homes that go back on the market are homes where the buyer has backed out for some reason and the seller has to start all over again. Most recently the reason most buyers back out is because of the time it has been taking for the lenders to approve short sales. To be fair, the lenders are working on it, but it hasn't helped much to this point.

You know, I try to be positive about the amount of price changes and this time I can. This week in San Dimas there were eight which is actually down from double digits last time I blogged.

I try to stay on top of my communities and be a local expert for all of them. So if you are interested in buying or selling a home or simply have questions about real estate, please feel free to contact me. I will be more than happy to assist you!

**All information is taken from the IMRMLS.

Glendora Real Estate Market Watch - February 7-13, 2012

A Toast of the Town in San Dimas

The San Dimas Chamber of Commerce is holding their Toast of the Town event. The event consists of wine tasting and food tasting and boasts live music.

The event will be held at the San Dimas Stanly Plummet Community Building on February 16, 2012 from 5:30 to 8:30 pm. The cost after February 6th is $30 per person.

If you've never been to one of these events, I wholeheartedly suggest you stop by and sample the local cuisine and award winning wines. You can meet some great people in your own neck of the woods and sample some foods you may have never thought of before. A great time to be had by all.

For more information, click HERE or call the San Dimas Chamber of Commerce at (909) 592-3818.